First Solar

U29193TN2001PTC048206ActivePrivateUnlisted
Last updated: 2026-06-08
30
Compliance Health · F
3 / 9 signals passed

First Solar is a Private Indian company incorporated in 1999 and based in Tamil Nadu, India. First Solar operates in Machinery (NIC 29193) with authorized capital of —. RegisterKaro's Compliance Health Score for the company is 30/100 (grade F), reflecting a weak compliance posture.

Risk FlagsFinancials not yet extracted · awaiting AOC-4 XBRLDirectors not yet extracted · awaiting MGT-7Health F · 30/100
Revenue (latest FY)
Awaiting extraction
PAT (latest FY)
Awaiting extraction
Open Charges
0
No encumbrances
Active Directors
0
No resignations
Paid-up Capital
Filings on Record
0
All current
Incorporated
1999
27 years old
State
Tamil Nadu
Sector
Machinery
NIC 29193
Class
Private
Sub-category
Authorized Capital
Paid-up Capital
Members
Last AGM
Last Balance Sheet
Latest Filing
Registered Email
Registered Office
First SolarTRACXN · PUBLIC DATA
Brand First Solar · Legal entity First Solar

First Solar - Provider of cadmium telluride-based flexible solar modules. Public Company. Raised funding over 4 rounds from 2 investors.

Total Funding
Latest Round
Seed
Revenue
Valuation
Funding Rounds
Employees
6,630
Stage
Public
HQ
Tempe
Founded
1999
Source: Tracxn (public profile) · joined to MCA on CIN U29193TN2001PTC048206

Quick facts

Identity · Activity · Auditor · Contact
Registered office
NIC code
29193
Statutory auditor
Awaiting ADT-1 / AOC-4 extraction
Registered email
Section
Machinery
ROC
Class · sub-category
Private
Incorporation · Last AGM
·

Directors

From MGT-7 annual returnLocked
PN
Priya Nair
Director
4.5y · Pune · DIN 4682105
AM
Arun Malhotra
Director
8.8y · Pune · DIN 1150237
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Directors, DINs & appointment history for First Solar.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

MCA Filings

AOC-4 · MGT-7 historyLocked
FormFYFiledDueDelayStatus
AOC-4FY2024-2530 Oct 202430 Oct 20240dfiled
MGT-7FY2024-2520 Nov 202429 Nov 20240dfiled
AOC-4FY2023-2430 Oct 202330 Oct 20230dfiled
MGT-7FY2023-2424 Nov 202329 Nov 20230dfiled
AOC-4FY2022-2330 Oct 202230 Oct 20220dfiled
MGT-7FY2022-2320 Nov 202229 Nov 20220dfiled
Get financial statements & other filing documents

Full MCA filing history for First Solar.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Charges

Registered charges & encumbrancesLocked
Charge IDHolderAmountCreatedStatus
401507780State Bank of India(Bank)₹7.27 Cr27 Jan 2023Open
420870335Kotak Mahindra Bank Ltd(Bank)₹12.74 Cr19 Sep 2020Open
871931758Kotak Mahindra Bank Ltd(Bank)₹11.19 Cr27 Jan 2020Satisfied
290338185Axis Bank Ltd(Bank)₹5.69 Cr19 Sep 2020Open
375369903Kotak Mahindra Bank Ltd(Bank)₹15.29 Cr12 Mar 2019Open
132422209State Bank of India(Bank)₹23.32 Cr12 Mar 2020Satisfied
See registered charges & lenders

Charge IDs, lenders & amounts for First Solar.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Financial Performance

Revenue · PAT · Net worth by FYLocked
FYRevenuePATNet WorthTotal AssetsEmployees
FY2024-25₹71.68 Cr₹-2.49 Cr₹37.36 Cr₹66.06 Cr373
FY2023-24₹65.03 Cr₹-13.42 L₹45.20 Cr₹87.74 Cr103
FY2022-23₹52.21 Cr₹-59.23 L₹36.59 Cr₹57.08 Cr24
FY2021-22₹43.55 Cr₹-1.33 Cr₹16.48 Cr₹47.45 Cr171
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Audited financials & ratios for First Solar.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Detailed Financials

Income statement + balance sheetLocked
Line itemFY2024-25FY2023-24FY2022-23FY2021-22
Income statement
Revenue from operations₹71.68 Cr₹65.03 Cr₹52.21 Cr₹43.55 Cr
Other income₹2.04 Cr₹2.47 Cr₹1.88 Cr₹1.67 Cr
Total income₹73.72 Cr₹67.50 Cr₹54.09 Cr₹45.22 Cr
Total expenses₹76.91 Cr₹67.67 Cr₹54.85 Cr₹46.92 Cr
Profit before tax₹-3.23 Cr₹-17.45 L₹-77.00 L₹-1.73 Cr
Profit / (Loss) after tax₹-2.49 Cr₹-13.42 L₹-59.23 L₹-1.33 Cr
Balance sheet
Equity / Net worth₹37.36 Cr₹45.20 Cr₹36.59 Cr₹16.48 Cr
Borrowings₹5.96 Cr₹12.96 Cr₹9.04 Cr₹8.77 Cr
Current liabilities₹15.15 Cr₹15.30 Cr₹6.90 Cr₹13.65 Cr
Total liabilities₹28.69 Cr₹42.54 Cr₹20.48 Cr₹30.97 Cr
Current assets₹39.21 Cr₹41.20 Cr₹24.96 Cr₹22.19 Cr
Cash & equivalents₹7.69 Cr₹5.88 Cr₹5.44 Cr₹3.94 Cr
Total assets₹66.06 Cr₹87.74 Cr₹57.08 Cr₹47.45 Cr
Employees37310324171
Gain deeper financial insights of this entity

Audited financials & ratios for First Solar.

₹999₹249(excl. taxes)
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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Compounded Annual Growth Rate

Derived from multi-FY filingsLocked
MetricLatest value1Y CAGR3Y CAGR5Y CAGR
Revenue₹71.68 Cr+29.3%+0.1%+10.3%
Profit after Tax₹-2.49 Cr-10.7%+14.3%+13.8%
Net Worth₹37.36 Cr+3.1%+3.3%-1.5%
Employees373+0.7%+6.6%+16.3%
Gain deeper financial insights of this entity

Audited financials & ratios for First Solar.

₹999₹249(excl. taxes)
Buy Financial Report
What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Financial Ratios

Profitability · leverage · efficiencyLocked
FYRevenuePATPAT marginRev growthROEROAD/ERev/emp
FY2024-25₹71.68 Cr₹-2.49 Cr-3.47%+19.16%-6.66%-3.77%0.16₹19.22 L
FY2023-24₹65.03 Cr₹-13.42 L-0.21%+25.52%-0.30%-0.15%0.29₹63.13 L
FY2022-23₹52.21 Cr₹-59.23 L-1.13%+9.04%-1.62%-1.04%0.25₹2.18 Cr
FY2021-22₹43.55 Cr₹-1.33 Cr-3.05%+23.55%-8.06%-2.80%0.53₹25.47 L
Gain deeper financial insights of this entity

Audited financials & ratios for First Solar.

₹999₹249(excl. taxes)
Buy Financial Report
What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Cap Table & Shareholding

Promoter · institutional · publicLocked
CategoryShareholdersShares held%
Promoters333,17,23680.02%
Institutional Investors21,28,0703.09%
Public & Others167,00,09516.89%
See the full shareholding pattern

Promoter, institutional & public holding for First Solar.

₹499₹169(excl. taxes)
Buy Financial & Company Filings
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Peer Benchmark

8 peersSame sector + state + ±5y vintage
MetricThis companyCohort medianCohort P75Quartile
Revenue (latest FY)
PAT (latest FY)
Employees
Paid-up capital
Compliance Health
63
96
96
Bottom quartile · P0

Top 10 in Machinery

by healthView all ›
01
Paid-up
Revenue
A · 96
02
Kipc India Private Limited
Uttar Pradesh · Inc 2019
Paid-up
Revenue
A · 96
03
Paid-up
Revenue
A · 96
04
Video Hr
Telangana · Inc 2018
Paid-up
Revenue
C · 63
05
Mita
Tamil Nadu · Inc 1969
Paid-up
Revenue
C · 63
06
Slonkit
Maharashtra · Inc 2015
Paid-up
Revenue
C · 63
07
Pixelscapes
PN · Inc 2013
Paid-up
Revenue
C · 63
08
Autotronix
PN · Inc 2010
Paid-up
Revenue
C · 63
09
Turck
PN · Inc 1965
Paid-up
Revenue
C · 63
10
Lgpatsons
PN · Inc 2018
Paid-up
Revenue
C · 63

External data sources

7 plannedWhat lands here as ingestion comes online

GSTIN Registrations

Planned
GST portal

Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.

MSME Payment Delays

Planned
MSME-1 form

Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.

Related Party Transactions

Planned
AOC-4 schedule

Counterparty, nature, transaction value. Inter-company loans, sales, royalty.

Credit Ratings

Planned
CRISIL / ICRA / CARE feeds

Long-term + short-term ratings, with rationale on rating actions.

Trademarks

Planned
IP India Trademark Registry

Applied, registered, opposed. Class numbers + status.

Patents

Planned
IP India Patent Registry

Applications and grants. Inventor names + filing dates.

Legal Cases

Planned
eCourts + Indian Kanoon

Ongoing + past litigations the entity is party to.

Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.

FAQs about First Solar

When was First Solar incorporated?
First Solar was incorporated in 1999. Its CIN is U29193TN2001PTC048206 and it is registered with the relevant Registrar of Companies.
Where is First Solar located?
First Solar is headquartered in Tamil Nadu.
What sector does First Solar operate in?
First Solar operates in the Machinery sector (NIC code 29193), classified as Indian Non-Govt Company.
Who are the directors of First Solar?
Director details for First Solar have not yet been extracted from MGT-7 filings.
What is the paid-up capital of First Solar?
First Solar has authorized capital of — and paid-up capital of —.
Does First Solar have any open charges?
First Solar has no open MCA-registered charges on record.
What is First Solar's Compliance Health Score?
RegisterKaro's Compliance Health Score for First Solar is 30/100 (grade F), based on 9 weighted signals across MCA filings, charges, directors, capital, and overall status. 3 of 9 signals passed.